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4900 S ROUTE 31 CRYSTAL LAKE 1

4900 S ROUTE 31 CRYSTAL LAKE 1. AERIAL 2. PROPERTY HISTORY 3. Constructed by Sherman Hospital in 1978 Now Owned by Advocate Group . PROPERTY HISTORY 4.

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4900 S ROUTE 31 CRYSTAL LAKE 1

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  1. 4900 S ROUTE 31 CRYSTAL LAKE 1

  2. AERIAL 2

  3. PROPERTY HISTORY 3 • Constructed by Sherman Hospital in 1978 • Now Owned by Advocate Group

  4. PROPERTY HISTORY 4 • Originally an 80+ Acre Site • Now 10 +/- Acres after Sale of Excess Land to Ryland Homes

  5. PROPERTY FACTS 5 • 24,000 SF Divided into Two Wings North Wing -- Emergency Care South Wing -- Medical Offices

  6. PROPERTY FACTS 6 • Three Lighted Parking Lots -- 110 Parking Spaces Plus Handicap Front -- 40 Spaces plus 4 HC Side -- 50 Spaces Back -- 20 Spaces plus 4 HC

  7. PARKING LOT LOCATIONS 7

  8. FRONT PARKING LOT 8

  9. SIDE PARKING LOT 9

  10. PROPERTY FACTS 10 • Three Parking Lots – 118 Parking Spaces • 660 Feet of Frontage on Route 31

  11. PROPERTY FACTS 11 • Three Parking Lots --- 118 Parking Spaces • 660 Feet of Frontage on Route 31 • New Route 31 Access Constructed by Ryland Homes

  12. PROPERTY FACTS 12 • Three Parking Lots --- 118 Parking Spaces • 660 Feet of Frontage on Route 31 • New Route 31 Access Constructed by Ryland Homes • Traffic Signal Approved by IDOT and Funded by Ryland Homes

  13. AERIAL – ROUTE 31 13

  14. PROPERTY FACTS 14 • Three Parking Lots --- 118 Parking Spaces • 660 Feet of Frontage on Route 31 • New Route 31 Access Constructed by Ryland Homes • Traffic Signal Approved by IDOT and Funded By Ryland Homes • City Water and Sanitary Sewer Service

  15. FINANCIAL 15 • $3,850,000 -- Original Asking Price -- $160 per SF • $2,500,000 -- Current Asking Price -- $104 per SF • For Sale Only / Land Not Divisible

  16. FLOOR PLANS 16 • Current Layout as Used by Sherman Hospital • Perimeter Dimensions / Bay Sizes / Column Locations • Architectural Cut Sheet

  17. CURRENT USE LAYOUT 17

  18. DIMENSIONS AND COLUMNS 18

  19. ARCHITECT CUT SHEET 19

  20. EXTERIOR PICTURES 20 Front of Building Rear of Building

  21. LOBBY 21

  22. LOBBY 22

  23. DOCTOR OFFICES 23

  24. DOCTOR OFFICES 24

  25. DOCTOR OFFICES 25

  26. EMERGENCY ROOM AREA26

  27. EQUIPMENT AREAS 27

  28. EQUIPMENT AREAS 28

  29. MECHANICAL ROOM 29

  30. RECORDS ROOM 30

  31. ATRIUM 31

  32. NURSING CURRICULUM 32

  33. GOALS AND VISION 33 • Create a Medical Learning Center • Self Contained Facility • Comprehensive Educational Resources • Simulation Areas for OJT • Laboratories • Equipment Training Areas

  34. PRIMARY REQUIREMENTS 34 • Traditional Class Rooms • Medical and General Classrooms • 600 to 1,000 SF • State of the Art Laboratories and Equipment Training Rooms

  35. SIMULATION AREAS 35 • Emergency -- Ambulance Bay -- Triage Areas • Hospital Floor -- Hospital Rooms -- Nurses Station • Medical Office

  36. ANCILLARY NEEDS 36 • Resource Center (Library) • Student Lounge with Internet and Vending • Administration Offices • Storage Rooms • Restrooms • Mechanical Rooms

  37. CONCEPTUAL PLAN 37

  38. PROPERTY BENEFITS 38 • Favorable Pricing -- Asking Price of $2.5 Million -- Versus Cost to Rebuild

  39. PROPERTY BENEFITS 39 • Favorable Pricing • Structural Layout -- Column Placements -- Division into Two Wings

  40. PROPERTY BENEFITS 40 • Favorable Pricing • Structural Layout • Location Convenience and Accessibility -- Route 31 Frontage -- Pending Traffic Light

  41. PROPERTY BENEFITS 41 • Pricing • Structural Layout • Location • Significant Expansion Capabilities -- Building -- Parking Lots

  42. PROPERTY BENEFITS 42 • Pricing • Structural Layout • Location • Room for Expansion • Simulation and OJT

  43. PROPERTY BENEFITS 43 • Pricing • Structural Layout • Location • Room for Expansion • Simulation and OJT • Liaisons Opportunities

  44. Q & A 44 Michael Deacon RVG Commercial Realty 815-814-6500 mdeacon15@gmail.com

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